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Business

  • Review: Larger iPhones eliminate reason to switch
     NEW YORK – It’s easy to dismiss Apple’s new iPhones as merely catching up to Android.
  • Alibaba poised to surge on the NYSE
      NEW YORK – Chinese e-commerce powerhouse Alibaba will say “open sesame” to the New York Stock Exchange on Friday, as its shares begin trading in a highly anticipated debut that could raise up to $25 billion.
  • 56 million at risk in data theft
    NEW YORK – Home Depot said 56 million debit and credit cards are estimated to have been breached in a data theft between April and September at its stores in the U.S. and Canada.
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Week Ahead

Today

•National Association of Realtors reports on existing-home sales for March

Tuesday

•Commerce Department reports on new-home sales for March

Wednesday

•Commerce Department reports on durable goods for March

•Germany’s Ifo institute releases its monthly index of business confidence, a closely watched indicator for Europe’s biggest economy

Thursday

•Labor Department reports on weekly jobless claims

•Freddie Mac, the mortgage company, reports on weekly mortgage rates

Friday

•Commerce Department releases first-quarter gross domestic product

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